Property Overview: 749 Warsaw Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a compact, early-1900s character property in the established Earl Grey neighborhood. Its key characteristic is its modest scale, with a living area of 768 sqft, which is notably smaller than most homes on its street and in Winnipeg overall. The assessed value of $216k is significantly below area averages, reflecting its size and age.
The primary appeal lies in its position as a potentially accessible entry point into a desirable neighborhood. It suits buyers seeking character and location over square footage, such as first-time purchasers, downsizers, or investors looking for a lower-cost holding in a stable area. A thoughtful perspective is that its below-average metrics across the board present a clear value proposition: you are purchasing the land, the neighborhood, and the community amenities, not a large modern interior. This could be ideal for someone with a vision for a thoughtful renovation or expansion, or for those who prioritize a simpler, more efficient living space and prefer to invest in lifestyle rather than property maintenance.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value is primarily a reflection of the home's significantly smaller living area and its age (built in 1905). It is functionally a different class of property compared to the larger, often renovated character homes nearby.
2. What are the implications of the home's age (1905) for a buyer?
While it offers classic charm, it necessitates a thorough inspection. Buyers should budget for potential updates to older mechanical systems, insulation, and wiring, and investigate if any heritage considerations apply.
3. How does the lot size (3,009 sqft) compare and what does it allow?
The lot is smaller than the street average but typical for central Earl Grey. It provides a manageable yard space. Its size and the home's current footprint may allow for a thoughtful rear addition or garden suite, subject to zoning bylaws.
4. Is recent sales data available for this specific address?
No public sales history is shown for this listing. Exact prior sale figures can be requested manually from the data provider via the "Request exact figures by email" option on the detail page.
5. The home ranks "below average" in most categories. Is this a concern?
This is a neutral data point that defines the property's niche. It indicates a more affordable, compact option in the area. The concern would only be if a buyer's needs require more space; for the right buyer, these rankings signify the value opportunity.